3240 Iris Ave #G111
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Listed | $445,000 | |
| Listed | |||
| | |||
|
Large corner unit within blocks of restaurants, shops and the wonderful Howard Heuston Park. Your buyers or students will love the beautiful kitchen: granite countertops, quartz backsplash, soft-close cupboards, dishwasher and washer/dryer. Ceramic tile flooring with newer bedroom carpet goes along great with the spacious primary bedroom and double closets in both bedrooms. Enjoy mountain views from covered patio overlooking renovated green space and the amazing Wonderland Creek trail. There is ample parking including an assigned underground garage space and storage. Indoor swimming pool, sauna, fitness center, tennis courts and clubhouse with kitchen will certainly keep you active and social. Keep cool in the summer with blackout blinds and curtains in the bedrooms and the A/C unit in living room. HOA includes water, sewer, trash, snow removal, and amenities. Great for investors and owners alike!
SELLERS ARE OFFERING A $5000 CONCESSION TO USE TOWARDS CLOSING COSTS, BUYDOWNS ETC.
| |||
| Aug 3, 2021 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by Porchlight RE Group-Boulder | $374,900 | |
| Listed by Porchlight RE Group-Boulder | |||
| Apr 4, 2017 | Sold | ||
| Sold | |||
| Jul 12, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
1 Bed
|
1 Bath
|
576 ft²
|
$305,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Mary Siefert
Live West Realty
| |
|
06/25/2025
|
2 Bed
|
1 Bath
|
988 ft²
|
$399,900
2 Bed
1 Bath
988 ft²
|
-
-
|
Lucy Conklin
Compass - Boulder
| |
|
05/29/2025
|
2 Bed
|
1 Bath
|
966 ft²
|
$435,000
2 Bed
1 Bath
966 ft²
|
$407,500
-6.32%
11/07/2025
|
TRELORA Team
TRELORA Realty
| |
|
10/25/2024
|
2 Bed
|
1 Bath
|
988 ft²
|
$399,900
2 Bed
1 Bath
988 ft²
|
-
-
|
Christy Hepp
eXp Realty, LLC
| |
|
07/03/2024
|
1 Bed
|
1 Bath
|
576 ft²
|
$280,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Judd Kaiman
Revolutionary Realty, LLC
| |
|
11/10/2023
|
1 Bed
|
1 Bath
|
576 ft²
|
$299,900
1 Bed
1 Bath
576 ft²
|
$290,000
-3.30%
01/25/2024
|
Donna Voss
RE/MAX of Boulder, Inc
| |
|
10/07/2023
|
2 Bed
|
2 Bath
|
975 ft²
|
$424,000
2 Bed
2 Bath
975 ft²
|
$429,000
+1.18%
02/06/2024
|
Jon Sisenwein
Compass - Boulder
| |
|
06/01/2023
|
3 Bed
|
2 Bath
|
1242 ft²
|
$550,000
3 Bed
2 Bath
1242 ft²
|
$520,000
-5.45%
07/31/2023
|
Sarka Kubicova
Modern Prestige Real Estate
| |
|
05/04/2023
|
2 Bed
|
2 Bath
|
975 ft²
|
$420,000
2 Bed
2 Bath
975 ft²
|
$405,000
-3.57%
05/30/2023
|
Svein Groem
Open Real Estate Inc.
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
624 ft²
|
$299,900
1 Bed
1 Bath
624 ft²
|
$299,900
02/25/2022
|
Robert Jones
Offerpad Brokerage, LLC
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
624 ft²
|
$299,900
1 Bed
1 Bath
624 ft²
|
$299,900
02/25/2022
|
Robert Jones
Offerpad Brokerage, LLC
| |
|
06/23/2021
|
2 Bed
|
2 Bath
|
988 ft²
|
$374,900
2 Bed
2 Bath
988 ft²
|
$375,000
+0.03%
08/03/2021
|
Sherrie Marquet Figueroa
Porchlight RE Group-Boulder
| |
|
09/06/2019
|
3 Bed
|
2 Bath
|
1242 ft²
|
$382,000
3 Bed
2 Bath
1242 ft²
|
$375,000
-1.83%
09/27/2019
|
Chip Bruss
RE/MAX of Boulder, Inc
| |
|
06/27/2018
|
3 Bed
|
2 Bath
|
1242 ft²
|
$385,000
3 Bed
2 Bath
1242 ft²
|
$375,000
-2.60%
11/15/2018
|
Jung Lindas
Madison & Company Properties - Boulder
| |
|
06/01/2018
|
1 Bed
|
1 Bath
|
576 ft²
|
$280,000
1 Bed
1 Bath
576 ft²
|
$276,000
-1.43%
06/29/2018
|
Kevin Byrne
Compass Colorado, LLC - Boulder
| |
|
04/27/2018
|
2 Bed
|
2 Bath
|
975 ft²
|
$310,000
2 Bed
2 Bath
975 ft²
|
$316,000
+1.94%
05/17/2018
|
Keith McQuillen
WK Real Estate
| |
|
05/24/2017
|
2 Bed
|
2 Bath
|
966 ft²
|
$299,900
2 Bed
2 Bath
966 ft²
|
$299,900
06/05/2017
|
Jill Bryant
RE/MAX Alliance
| |
|
06/15/2016
|
2 Bed
|
2 Bath
|
975 ft²
|
$334,900
2 Bed
2 Bath
975 ft²
|
$335,000
+0.03%
10/11/2016
|
Gary Hillman
Coldwell Banker Realty-Boulder
| |
|
09/25/2015
|
2 Bed
|
2 Bath
|
966 ft²
|
$250,000
2 Bed
2 Bath
966 ft²
|
$260,320
+4.13%
10/13/2015
|
Kelly Moye
Compass - Denver
| |
|
07/10/2015
|
2 Bed
|
2 Bath
|
966 ft²
|
$250,000
2 Bed
2 Bath
966 ft²
|
$240,000
-4.00%
08/27/2015
|
Carole Kaye
Bold Realty
| |
|
04/09/2015
|
1 Bed
|
1 Bath
|
576 ft²
|
$164,900
1 Bed
1 Bath
576 ft²
|
$180,500
+9.46%
05/08/2015
|
Kenneth Roth
BOLDER RE-Ken Roth & Assoc LLC
| |
|
02/28/2014
|
2 Bed
|
2 Bath
|
988 ft²
|
$179,900
2 Bed
2 Bath
988 ft²
|
$181,100
+0.67%
03/14/2014
|
Gene Hayden
RE/MAX of Boulder, Inc
| |
|
10/24/2013
|
1 Bed
|
1 Bath
|
624 ft²
|
$127,000
1 Bed
1 Bath
624 ft²
|
$119,000
-6.30%
12/05/2013
|
Michael Baucom
Structure Group
| |
|
10/01/2013
|
1 Bed
|
1 Bath
|
624 ft²
|
$129,500
1 Bed
1 Bath
624 ft²
|
$122,000
-5.79%
12/18/2013
|
Debra Vescio
HomeSmart
| |
|
08/16/2013
|
2 Bed
|
2 Bath
|
975 ft²
|
$159,900
2 Bed
2 Bath
975 ft²
|
$153,600
-3.94%
09/25/2013
|
Daryl Smith
RE/MAX of Boulder
| |
|
01/29/2013
|
2 Bed
|
2 Bath
|
988 ft²
|
$164,000
2 Bed
2 Bath
988 ft²
|
$153,000
-6.71%
02/27/2013
|
Kathy Keating
Worth Clark Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017